Try GOLD - Free
LOLC Group delivers strong operating growth as diversified platform gains further scale
Daily Mirror - Sri Lanka
|June 01, 2026
LOLC Holdings PLC reported its financial results for the fiscal year ended March 31, 2026, indicating an expansion in core operating profitability and a scaling of its diversified business model.
-
The conglomerate, maintaining operations across 27 countries, recorded a 49 percent year-over-year increase in results from operating activities, rising to Rs. 71.5 billion from Rs. 47.9 billion in FY2025. Gross income expanded by 28 percent to reach Rs. 430.3 billion, compared to Rs. 336.2 billion in the prior fiscal period. Operating profit before depreciation and amortisation increased to Rs. 88.8 billion from Rs. 60.6 billion, reflecting enhanced earnings capacity and operating leverage across the entity's underlying assets.
Net interest income grew to Rs. 119.9 billion from Rs. 105.6 billion, alongside a revenue increase to Rs. 158.2 billion from Rs. 109.2 billion. Gross profit expanded to Rs. 61.4 billion from Rs. 43.5 billion. Profit after tax was reported at Rs. 23.4 billion, a year-over-year movement largely attributed to the base effect of one-off items recognized in the preceding comparative period.
This story is from the June 01, 2026 edition of Daily Mirror - Sri Lanka.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily Mirror - Sri Lanka
Daily Mirror - Sri Lanka
BLOOM TOGETHER 2026 WHERE EVERY SMILE TOLD A STORY
The BLOOM TOGETHER National Camp 2026, organized by the Branch for the Differently Abled Guides of the Sri Lanka Girl Guides Association, was the kind of initiative that leaves one with a quiet yet powerful feeling.
5 mins
June 02, 2026
Daily Mirror - Sri Lanka
LOLC Finance reinforces market leadership with strong growth, earnings quality and capital resilience
GROSS LOAN PORTFOLIO SURPASSES RS.423BN
5 mins
June 02, 2026
Daily Mirror - Sri Lanka
Sri Lanka must stop fearing investment
Sustainable economic sovereignty ultimately comes not from perpetual borrowing, but from growth
5 mins
June 02, 2026
Daily Mirror - Sri Lanka
Vella inks US $ 5.1mn BOI pact to elevate 98 Acres Resort into global luxury benchmark
Uva Greenlands Estate (Pvt.) Ltd officially signed a landmark agreement with the Board of Investment of Sri Lanka (BOI) on May 29, 2026, setting the stage for a major evolution of 98 Acres Resort & Spa in the breathtaking highlands of Ella.
2 mins
June 02, 2026
Daily Mirror - Sri Lanka
The profound, unglamorous power of just getting up and moving
It usually starts in the most relatable Sri Lankan way possible.
3 mins
June 02, 2026
Daily Mirror - Sri Lanka
MESSAGE FROM THE ITALIAN AMBASSADOR TO SRI LANKA, HIS EXCELLENCY DAMIANO FRANCOVIGH
On the occasion of the 80th anniversary of the Italian Republic, I would like to extend my warmest greetings to the people of Sri Lanka.
2 mins
June 02, 2026
Daily Mirror - Sri Lanka
Women in Rotary - Vital Voices of District 3220 Create History: Launch of Rotary's First Holistic Wellbeing Purple Card Initiative
Women in Rotary - Vital Voices proudly created history with the official launch of the Purple Card Initiative, introducing what is believed to be Rotary's first holistic wellbeing card dedicated to the empowerment and overall wellbeing of women in Rotary.
3 mins
June 02, 2026
Daily Mirror - Sri Lanka
Stability, reliability and transparency non-negotiable to unlock European investments
GLOBAL EXPERTS WARN THAT SRI LANKA'S GEOGRAPHICAL ADVANTAGE MUST BE BACKED BY RIGOROUS ADHERENCE TO ONGOING DEBT RESTRUCTURING TO REGAIN SOVEREIGN CREDIT RATINGS AND MARKET ACCESS
3 mins
June 02, 2026
Daily Mirror - Sri Lanka
Rare flying object creates panic among some people in Puttalam
Meteorites could be visible during the night at any time of the year, The mysterious object was several feet long and that it had a tail of fire similar to that of a rocket or a missile
1 min
June 02, 2026
Daily Mirror - Sri Lanka
TRAGEDY STRIKES SIX PEOPLE AT DANSAL
In the wake of a horrific road accident that claimed six lives in Meegoda on Sunday night, the police said that they intend to file murder charges against the driver, stating that the fatalities were a consequence of deliberate and reckless disregard for human life.
1 mins
June 02, 2026
Listen
Translate
Change font size
